310 N K Street #3Lake Worth BeachFL33460
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Worth Beach at 310 N K Street #3, Lake Worth Beach, FL, 33460 generates $2,245/mo in rent and, after a $945/mo payment, leaves $594/mo in cash flow. Total monthly income is $2,245/mo, and annual cash flow is $7,128/yr on $63,980 invested. Return on cash invested sits at 31.05% in year one, and rental yield is 13.96% on a $193,000 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation builds toward $53,322 over five years. Five-year ROI reaches 165.78% and total cumulative return in cash sums $106,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,245/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$195 monthly HOA
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Listed by: Courtney Evans • Southdale Properties Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11118329
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.